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National Mineral Policy 2006 - Department of Mines

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249Appendix G (cont.)Country Mining legislation MinimumTerms forApprovalmining lease expenditure Mining Mortgage EIAtime for Initial term Renewal Concession fee exploration rights facility requirementexplorationlease obligation transferColo mbia One year Small-scale: 10 yearsSmall-scale:10 years NA None Yes None YesMedium-scale: 30yearsMediumscale:noneLarge-scale: 30 yearsLarge-scale:noneGhana In a recent Up to 30 years Up to 30 For foreigners: None Yes None Yeschange attempts years US$ 30,000are being madeLocal: C5millionto reduce thetimeIndia Not 30 years 20 years As dead rent Yes with Notavailable state and specifiedCentralgovernmentapprovalIndonesia Not 30 years Yes: not US$ 0.1–0.35/HA US$ 1200 per sq. Yes with Yes with Notspecified specified km government government specifiedapproval approvalMexico 15 days 50 years 50 years Mining duties Yes Not Yesexploitation:specified1 st –2nd year: MP193 rd –4th year: MP 385 th year onwards:MP 66all per HA

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